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2025-12-31-accounts

THE ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH HIGHBURY WITH ST.JOHN AND ST. SAVIOUR FOR THE YEAR ENDED 31ST DECEMBER 2025 Supported by: ..) Cloudesley 159 Highbury Grove, London N5 ISA. It Is part Df the siepnev Area Df the Diocese of London and within the Deanery of151ingtoD of the Church of England. The correspondence address is Parish Community Centre, 159 Highbury Grove, London N5 ISA. The PCC Is a body corpor3re IPCC Powers Measure 1956. Church Represenr8tlon Rules 20061 a registered charity with the Charity Commission 111354201. Incurnbent.. The Revd. Andy Chrich (Chairl Bankers.. Barclays, Islington Branch Independent Examiners.. Independent Examlners Limited, The Grain Store, Hllls Barns Appledram Lane South, Chichester, P020 7EG

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH HIGHBURY WITH ST.JOHN AND ST. SAVIOUR CONTENTS P3ges 3 to 21 TrLJStees Annual Report Page 22 Statement of Financial Activities Page 23 Balance Sheet Pages 24 to 35 Notes to the Financial Statetnent5 Page 36 Cashflow Statement Page 37 Related Charities Page 38 Independent Examlners Report

2025 ANNUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL OF CHRIST CHURCH HIGHBURY WITH ST JOHN AND ST SAVIOUR -Iiiin£iR; .Iil'.,11 Aim and Purpose The Parochial Church Coullcil of the parish of Christ Church Highbury with St lohn and St Saviour (the PCC) has the responsibility of cooperating with the Incumbent. the Reverend Andy Chrich. in promoting in the ecclesiastical parish, the whole mission of the Church, pastoral, evangelistic, social and ecumenical. The PCC has responsibility for the church building of Christ Church Highbury, 157 Highbury Grove. London N5 ISA and the Christ Church Community Centre, 159 Highbury Grove. London N5 ISA. Objectives and Activities The PCC is committed to enabling as many people as possible to worship at our Church, and to become part of our parish family. At the same time we seek to demonstrate the love of God in action by serving the community around us. When planning our activities, the PCC has considered the Charity Commission's

guidance on public benefit, and in particular the specific guidance on charities for the advancement of religion. To facilitate our work in meeting our objectives, it is vital that we maintain the fabric of both our Church and our Community Centre. As an open and inclusive church, we describe ourselves in the following words.. 'We are a lively community of all ages, in the heart of Islington, with a common desire to deepen our understanding of God and to reach out to our community and borough. Our motto is'roots down, branches out" meaning a community that is rooted in faith and branching out in loving service. We seek to put down deep roots in our Christian faith through which we encounter the love of God. Then by drawing on that love. we look to put branches out in our community, our workplaces and beyond expressing and making known the love of God in word and in action, in the name ofJesus Christ. "God is love, and those who live in love live in God and God lives in them." 4..16 Whoever you are, and wherever you are on life's journey... You are welcome herel l John Achievements and Performance This year, the PCC has been using the following headings to guide our activities, use of resources, and decision making: Our Spiritual Heart Inclusive Church Yes to Young People Church in Community Going for Growth Ministry for Mission Safeguarding Our Spiritual Heart lust as the working of the human heart involves two circuits, one pumping deoxygenated blood to the lungs to receive oxygen, and the other propelling the oxygenated blood out of the heart to the rest of the body, so a healthy spiritual heart needs to be renewed and refreshed through prayer and worship, in order to be sent out to serve.

To deliver on this the PCC 15 keen to offer a range of options for worship, prayer and Bible study not only on Sundays, but also during the week, that our community will find both beneficial and spiritually refreshing. Our regular pattern of prayer, worship and study: Sunday.. 9am Holy Communion including creche and children's groups 11am Holy Communion or Morning Worship or Morning Worship with Baptism including creche and children'sgroups Jazz Vespers (quarterly) 6.30pm Monday 9am Morning Prayer (online) Tuesday 9am Morning Prayer (in person in the Fellowship Room) Home group (fortnightly) 7.30pm Wednesday 9am 9.45am Morning Prayer (online) Contemplative Prayer (in the Community Centre) 10am 7.30pm Holy Communion (in the Community Centrej Home group (fortnightly) Thursday 9am Morning Prayer (online) Friday 9am Morning Prayer (online) This year we have seen numbers remain steady with on average 150 attending Sunday mornings (119 adults and 31 children across the two services), and an average of 80 at lazz Vespers. Easter Day and Christmas Eve/Day attendance was up this year with 231 in attendance on Easter Day, and 465 over the Christmas Eve and Christmas Day services. A small group of parishioners (usually between 4 and 10) meet for Morning Prayer. and this provides a vitally important opportunity to pray daily for the church cotnmunity, our neighbourhood, and the needs of the world. Wednesday morning's Communion in the Community Centre has grown in popularity this year, and a regular group of up to 15 members of the church community meet each week to receive Communion, to bring prayer requests,

and to di5CUSS together the Bible readings set for the day. In recent months, a 15 minute service of silent prayer and meditation led by Mary Cook has been established leading into the 10am Communion. further enriching this time of worship. In 2026 we will offer a similar space at 8.30am before the 9am Communion We continue to stream our services, thanks to the hard work and dedication of Oli Bage and his team of technical volunteers, and estimate around 20 households a week access our worship online. One great encouragement this year has been the number of people coming forward for confirmation. We aim to offer an opportunity every year for interested parties to explore the Christian faith for themselves. This year, we have needed to offer two such groups, and nine adults and five young people have taken the opportunity to be confirmed. Many of them have been baptised as well as confirmed, and this is another encouraging pattern we have observed with significant numbers of people coming to worship at Christ Church this year who had not previously been brought up in the Christian faith. Music continues to significantly enrich our worship, thanks to the ability and hard work of James Buckham, our Director of Music, and the talented singers and musicians from our community that he encourages and leads. We benefit enormously from the creativity of James and his team, and in particular, the Jazz Vespers services, and the Christmas Candlelit Carol service were especially moving. Visitors frequently comment that they felt spiritually lifted by the beauty of the hymns and worship songs. Polly Arthur coordinates a team offering Prayer Ministry to those who attend our 11am service, and this continues to be accessed regularly byvisitors and regular members of the congregation alike. Over the course of the year, the home groups have met regularly, coming together in Lent to discuss and explore different spiritual disciplines using the 'Practising the Way, course. This year home groups looked at a variety of material including studies on the Psalms, the Book of Daniel and the writings of lulian of Norwich. The impact of the latter was shown in the enthusiastic take up for a'pilgrimage, trip to Norwich to visit Julian's shrine and the Cathedral. All of the above gives us reason to believe that the spiritual heart of Christ Church is currently in good health.

Inclusive Church We passionately believe that the love of God reaches out to all humanity- indeed to the whole ofcreation - and consequently our church should be an inclusive place where all are welcomed. Having taken the decision to register with Inclusive Church, over the last year we have been exploring what it might look like to be more inclusive. With the support of Cloudesley, a disability access audit prompted some work to in]prove accessibility in the church, including the installation of an upgraded hearing aid loop, and individual wearable units. We also hosted a Diocesan Training Day, co-ordinated by the Revd Prebendary John Beauchamp, the Diocesan Disability Ministry Enabler, with input from the theologian Professor lohn Swinton. We are committed to racial justice, and were delighted in lune to host the second 'Ubuntu' racial justice gathering for the Stepney Area of London Diocese. It has been encouraging to meet people coming to our church for the first time, or joining us as regular worshippers whose point of entry was that they saw on our website that we are an inclusive church and therefore felt that this would be a church where they would be welcome. This is an ongoing journey for us at Christ Church, but we have made good progress this year. Yes to Young People Reportfrom Tamika Armstrong, Children's & Youth Team Leader.. Ourvision for the children and youth at Christ Church Highbury is for them to love, know and worship God. We do this through Bible study, play, and consistently building strong relationships with them. There is some great work being done, and lots of enthusiasm from the children and young people, and this is really exciting. At the same time, each group and activity could benefit from additional leadership (voluntary or paid), and this would help us to widen and deepen our impact. TODDLE TO CHURCH - MONDAYS This is our O to 5 group which we run for our community. where we often have toddlers coming along to play. The aim of the group is to provide a first point of welcome, community and support at Christ Church for parents and carers looking after babies and toddlers. Many thanks to Jenni Bage and Miranda Henshaw for supporting the running of this group through the year.

'OPEN THE BOOK, COLLECTIVE WORSHIP- THURSDAYS Each Thursday afternoon, we lead Collective Worship at St John's Highbury Vale Primary School. Using resources from a Bible Society programme called'open the Book, we involve the children in acting out dramatised Bible stories, designed to bring the stories to life for the children, and promote biblical literacy. The children are extremely keen to be involved in acting out the stories, and engage thoughtfully with them. (Andy C and Andy S, alternating with Gabriel and Nathan from St Augustine's and recently Stephen from St Thomas, also lead Collective Worship at St lohn's every Wednesday using themes chosen by the School around its Christian values.) 'MIRACLE WORKERS'_ THURSDAYS This is our free'after school club, for 6 to 10 year olds at St lohn's Highbury Vale, where we watch Bible stories and play games. As part of our push to be inclusive, it is important to us that children are able to access this club without cost, and that they have fun exploring Christianity together, though this does mean that there is particular need ofsupport with this group. 'WAYMAKERS' YOUTH GROUP - FRIDAYS 'Waymakers' is a youth club open to secondary school aged young people, and is ever growing with energetic, funny teenagers. It offers the young people a place to hang out together, play table tennis, pool, table football, dodgeball etc. together as well as to hear a short Bible presentation. Thanks to lohn Barrett, Andy Symmons and particularly Rihanna Palmer for their help with this club. Waymakers is a lively group, and behaviour management can be a problem, so again, going fonvards, additional voluntary or paid support going fonvards would make a real difference. SUNDAY GROUPS FOR CHILDREN & YOUNG PEOPLE Our vision to put down deep roots in the Christian faith and to know the love of God is a vision for all ages, from babes in arnis upwards. Therefore we run a crèche and children's church group at both the 9am and I lam services every Sunday during school terni time. Recently at 11am, we have begun a monthly group for teenagers and we hope to offer this weekly in 2026. The Sunday service is streamed to the crèche, but we are conscious that many parents of crèche children don't get much of a chance to be present in the church building for the service, and we would like to address this in 2026. Again, there is always a vacanry for help here from new people.

SPECIAL EVENTS The activities already described were supplemented in 2025 by a number of special events. In Holy WeeL we have run an Easter Party with St Augustine's, designed to help children engage with the Easter story in a fun way, involving crafts, worship, games, challenges, biscuit decorating and a bouncy castlel We ran a Light Party as a positive alternative to Halloween, remembering that Halloween is the eve of All Hallows or All Saints, Day, and therefore a time to celebrate the light of Christ. The party involved games, food and drink and a lot of fun for all who came along. Last year we partnered with Counties UK to run the Life Exhibition, which enabled us to work with several local churches and primary schools to teach children about the life of Jesus. Again the feedback from children, teachers and volullteers was enthusiastic. We have also connected with the London Screen Academy to run movie nights. ISLINGTON CENTRAL HUB As part of the Stepney Area Hackney & Islington Partnership (HIP), losh Booth has been working with central Islington churches including Christ Church to come together and support one another in Children's and Youth Ministry. Tamika has been very involved in some of the first initiatives, including helping Hope Church with their Halloween trail for kids and their Easter experience with teenagers at St Mary Magdalene and working with St Mary's Upper Street on the hot chocolate outreach for St Mary Magdalene Secondary School pupils, and a residential event foryouth at PGL, which she helped lead. She has also worked with St Jude St Paul's Thursday youth group, supporting them while they searched for a youth worker. SUMMING UP.. A THRIVING CHILDREN AND YOUTH MINISTRY For many years Christ Church has been known as a church with a commitment to children and young people. At a time when across the country, London Diocese included, many churches are struggling to attract families, children and young people, Christ Church continues to have a thriving children and youth ministry, and today this is in large part due to Tamika's energy and dedication. Our groups are well attended (c.15 children oryoung people on average for each group). and in an average week, Tamika works directly with over 75 children and youllg people. The work continues to grow in scope and has built significant momentum.

This presents us with a happy challenge. How do we support TaTnika and sustain and grow the ministry she has developed, being a place where children and young people can thrive. where some can put down deep roots in faith. and where as a church we can reach out to families, children and young people in our local community offering support, welcome and a place to belong. In 2025, we started to explore with losh Booth and the HIP project securing funding for an apprentice post for someone to train and work alongside Tamika. We are hopeFul this might come to fruition. However, we also need to redevelop and renew our volunteer base to support the worK and consider how a growing children's and youth ministry might best be funded and supported. Church in Community At Christ Church we are committed to serving the community and making the love of God known in a variety of different ways. SCHOOL Whilstvaluing our contacts with all the local schools, for whom we pray regularly, we are particularly invested in our link with St john's Highbury Vale CE Primary School. Sarah Hinton, a member of Christ Church is Chair of Governors, the vicar is an ex-officio governor. Nicola Duncan [foundation] and Alex Hooper (parent) are also members of the Christ Church community serving on the Governing Body. St lohn's school comes to Christ Church regularly for worship and for educational visits, and the vicar, curate and children's and youth team leader regularly lead collective worship at the school alongside other events enriching the school curriculum. St John's is currently developing its understanding of global Christianity, and members oFChrist Church fvom Iran and India were invited to talk about Christianity in their countries of origin. COMMUNITY CENTRE CHARITY PARTNERS When the Community Centre was conceived, and then opened in April 2022, on Easter Day 2022, the hope was that the space would allow us to develop our 'branches out, ministry responding to the local community with loving service. In particular we set out to identify and work with charity partners to offer them low or no cost spaces from which to run the services they offer. Our current charity partners are.. Islington Centre for Refugees and Migrants (ICRM) io

ICRM meet every Tuesday to offer language classes to a group of refugees and migrants, helping them to build confidence. and equipping them to engage with different groups in the community. to access services and find work; Together Productions (TP) TP run two community choirs at Christ Church,'Mixed Up Chorus, (Tuesday evenings) and'sing for Freedom, (Thursday lunchtimes)- Both choirs would welcome new members from the Christ Church community, and this would be an excellentway to build our support of their work. The Mixed Up Chorus is a group ofpeople from a diverse range of ethnicities, nationalities and faiths, brought together to sing in solidarity and togetherness songs from around the world. The Sing for Freedom Choir is a remarkable community oFtorture survivors and friends across London who sing together in a spirit of joy and hope, in solidarity with all those who are oppressed. Alcoholics Anonymous (AA) AA host a group in the Community Centre on Sunday evenings offering support. solidarity, strength and hope in wrestling with alcohol problems. MEMORY CAFÉ (every Tuesday morning in the Fellowship Room) The Memory Café was founded at Christ Church in 2017, has its own constitution and annual meetin& and whilst drawing significantly on members of Christ Church in its leadership team, operates as its own entity. The Memory Café is free for all older people and especially for those who have difficulties with their memory. It is a chance to come together for fellowship and support every Tuesday for homemade cake and refreshments. Each week there are fun activities to get involved in such as seated exercises, quizzes, music and singing. We were delighted to be able to offer low cost and no cost space to our charity partners named above (ICRM, TP, AA, and Memory Cafe). The financial value of this support equates to an equivalent amount ofaround £21,000 for 2025. Looking ahead in 2026. and building on our links with ICRM & TP we are exploring what it might mean to become a Church of Sanctuary, further strengthening and embedding our ethos and culture of welcome, hospitality and safety, and connecting to the Church of Sanctuary network of Churches Together in Britain and Ireland (CTBI], the wider City of Sanctuary network, and the wider community engaging with refugees and people seeking sanctuary, and creating a garden of sanctuary at Christ Church.

We are also exploring training to allow Christ Church to join the Welcome Directory, as a church willing and able to welcome and support people leaving prison. Goingfor Growth Over 2025 we continued to see significant numbers of new faces arriving Sunday by Sunday to experience worship at Christ Church. Large numbers of the local community attend groups, events or activities at our premises. A growing number offamilies with pre-school children worship with us with the intention of being able to apply for church school reception class places for their children. At the same time, 'London churn, continues to see a number of Christ Church members move out of the area each year. With the tree as the symbol of our vision at Christ Church we are reminded that growth is expected in a healthy organism. and healthy churches should be growing in the number of members and in depth of faith. Looking ahead, we are planning to pilot a new'shorter, service aimed particularly at families with pre-school children but open to all, alongside our current Sundayworship offer. In the autumn, the effectiveness of this pilot will be assessed to see whether it is a vehicle for encouraging new worshippers at Christ Church and encouraging integration into the life ofthe church. Ministryfor Mission In 2025 we were delighted to welcome Andy Symmons and his family to Christ Church. Andy will be with us for a three year curacy, and he brings thoughtfulness, warmth and significant skills that are already enriching ministry at Christ Church. increasing our capacity, and enabling us to try new ideas in ministry and mission. Particular thanks are due this year to Alex and to Evelyn in their hard work addressing church finances, but many thanks to all who serve in so many different ways in the Christ Church community: our staff team- Tamika, Polly, john, Baran & Adrian our churchwardens, treasurer and PCC secretary- Teresa, Dawn & Gareth, A]ex and Pat our Giving Secretary, Evelyn our Electoral Roll Officer, Ann our Parish Safeguarding Officer, Becky our PCC mernbers our Deanery Synod reps our musicians- James and his team of talented volunteers our flower arranger- Val 12

all those who volunteer with our midweek group5, children's and youth groups, Sunday service rotas all who have delivered invitation cards around the streets of Highbury for our Christmas and Easter services those whose primary place to serve Christ is the work place, home or in the local community lesus said to his disciples, 'The harvest is plentiful but the workers are few. Ask the Lord of the harvest, therefore, to send out workers into his harvest field., (Matthew 9.37-8] We are therefore called as a church to pray for God to provide the people and resources we need to be effective in our'roots down, branches out, vision. We are also challenged whether we are being called to be part of the answer to our own prayers. Safeguarding (report from Becky Osborn, Parish Safeguarding Officer) Over the past year, considerable progress has been made towards full compliance with the Diocese of London's safeguarding requirements, including having in place a Parish Safeguarding Officer, a poliry statement, safeguarding procedures, displayed safeguarding information and regular reports to the PCC. In recognition of this we were delighted to receive positive feedback following the Archdeacon's visit to Christ Church in luly 2025. Our progress has also been recognised on the London wide Safeguarding Dashboard, against which we are 65 % compliant which places us at Level 2 of 3. For context, very few Parishes are at level 3, and many are yet to reach level 2 - the requirements being stringent. We are delighted to report that most of our paid and volunteer workforce are now nationally certified to safelywork with children or vulnerable adults. This is an ongoing process as new volunteers are appointed or as DBS'S expire after 3 years. Almost all have completed the required level ofsafeguarding training for their role. Thanks should go to office staff for administering this process for us. Safeguarding risk assessments have now been completed for all church activities, and the drafting of Job descriptions for each paid and unpaid role are well undenvay. The requirement for all volunteers and staff to complete confidential declarations is currently being rolled out, and good progress is being made thanks to the support of our dedicated group leaders, whose time and commitmentto ensure proper arrangements are in place is key to our success. In Novemberwe recognised the national initiative, Safeguarding Sunday, with a presentation and video explaining what safeguarding means and why it is important to raise awareness of the importance of Safeguarding and to ensure 13

that people know what to do should they have concerns about a child or vulnerable adult. Safeguarding continues to be widely advertised around the church building and takes a promillent position within our website. Excellent relationships and a culture ofsupport and open communication amongst the Safeguarding Officer, the PCC and team leaders. ensures that robust arrangements are in place to ensure that everyone is aware how to make a report and how to respond to reports made to them, and as a result of everyone's efforts, we continue to keep our congregation safe from harm. The PCC has complied with the duty under section 5 ofthe Safeguarding and Clergy Discipline Measure 2016 (duty to comply with the House of Bishops, guidance on safeguarding children and vulnerable adults). Electoral Roll (statement from Ann Wilsdon, Electoral Roll Officer) The electoral roll is the parish church's register of electors, the list of those qualified to vote for the parochial church council and the parish's representatives on the deanery synod. It is also an important indicator of the regular attendance and mernbership of congregations. Each electoral roll lasts for six years. 2025 was one of those years when we had to prepare a completely new roll. I reported lastyear that the new roll had 125 names, a drop from the 178 on the old roll. The drop was disappointing but not unexpected as it is quite usual for the numbers on a completely new roll to be lower than the old one. So, l am pleased to announce that the roll has now risen to 150 names. Financial Review Within an overall income of£316,521, total income on the unrestricted General Fund was £280,709, with expenditure of £260,036, giving a small surplus of £17,301. Overall, there was a surplus in the year of E3,619 as some amounts were spent down from Designated and Restricted funds that had been received in prior years. The main increase in income came from increased rental income, both from use of the community centre and from rental of the Church buildin& while the expenditure includes a contribution towards the housing of the Curate and his family. We are grateful to Cloudesley for their continued support towards maintaining the infrastructure of the Church. In the year they provided grants of £32,616 towards a range of projects. 14

The contribution to the Diocesan'Parish Share'_ which helps towards the cost of stipends and housing costs for the clergy- decreased slightly this year, by just under 5 %. We continue to target the giving of IOOOh of the amount requested by the Diocese. Reserves Policy The activities of the church are classed as'continuinl, and therefore the PCC aim to maintain sufficient reserves to enable the church to carry out its activities, even if there were a substantial reduction in income. This translates into the maintenance of sufficient'unrestricted" reserves to enable the church to continue to operate for the next two years, even if ongoing income were to fall by as much as 10 % each year. The impact of this potential reduction is currently estimated as £52,495. At the end of 2025, this compares to total unrestricted and designated funds of £103,773. However, the Trustees note that unrestricted net current assets were below this amount at £50,994, though this is sufficient to meet the short-term needs ofthe PCC. Fabric Report Over the course of 2025, the following works were completed, with grant support from Cloudesley to whom we are very grateful.. repairs to plaster work in the church following leaks which are now repaired,. disabled access improvements including an access rail alongside the stone ramp to the church entrance and significant improvements to the hearing aid loop,. a decarbonisation report for Christ Church looking ahead to future ways of heating the building when the current boiler heating system fails- electrical repairs to meet current safety standards The wooden notice boards in the church garden have been taken down, as the posts were rotten and had become unsafe. Plan5 are in place to replace these with aluminium boards. In addition work has been carried out in the Community Centre to repair the underfloor heating in the Taylor-Basset room, the meeting room and foyer have been repainted, and thumb-turn locks have been fitted to the inside of the meeting room doors for extra security. Many thanks to Michelle Paton for her tireless work in looking after the church building and to Matthew Lloyd for his oversight of the community centre, and to Gareth Dixon, Matthew Langston and Simon Ward for their work trouble- shooting and undertaking minor repairs. 15

Islington Deanery Synod Report 2025 A shared life of stewardship, mission, and hope Across 2025, the life of Islington Deanery Synod has reflected a shared commitment to prayer, discernment, and participation in God's mission. Bringing together clergy and lay representatives, Synod connects parishes with one another and the wider Church-offering space to share learning, engage common challenges, contribute to diocesan conversations, and discern how best to steward our resources for mission. In a context where many churches face pressures around finance, buildings, and capacity. there has also been a growing sense of opportunity.. to deepen engagement with our communities and to learn from one another. Throughout the year, a consistent rhythm has shaped our meetings-gathering for worship, receiving input, and engaging in conversation-holding together the spiritual and practical dimensions of our shared calling. Synod Meetings in Summary March 2025 - Schools and Shared Leadership The March Deanery Synod, hosted at St Mary's Islington, focused on the relationship between churches and schools. Contributions from local and diocesan leaders, including input from St John's Upper Holloway and the London Diocesan Board for Schools, were followed by small-group discussions that enabled deeper engagemenL In synod business, nominations were approved for school governors and for a Deanery Synod-nominated Trustee to the Cloudesley Charity. These appointments reflected the deanery's ongoing commitment to shared leadership, governance, and the strengthening ofour links with local schools. lune 2025- Mission Across the Deanery The June Synod, held at Hope Church [St Mary Magdalenej, focused on mission across 151ington, particularly engagement with estates, young people, and church planting. Presentations from those leading work in these areas were followed by discussion groups. enabling members to reflect on emerging initiatives and consider opportunities for collaboration. 16

The meeting highlighted a growing emphasis on outward-facing ministry, alongside a recognition of both the opportunities and challenges ofmission in this context. November 2025 - Stewardship, Giving, and Sustainability The November Synod, held at Christ Church Highbury, focused on giving, grants, and sustaining the finances ofour churches. Input from Joe Allen (Area Finance Advisor, London Diocesan Fund) and representatives from the Cloudesley Charity, including Catherine Sorrell (Grants Manager), provided practical support for churches. A key highlight was guidance on grant writing-identifying funders, articulating outcomes and what funders are looking for, and building realistic budgets- alongside signpostingto resources such as the Cornerstone grants database. Members were encouraged to share their own experiences of fundraising and stewardship, fostering mutual learning across the deanery. The meeting also included reflection on initiatives such as Rewild the Church, connecting financial stewardship with care for creation and the Church's wider mission. Emerging Themes Across the Deanery l. Deepening engagement with schools- The strong focus on schools reflects their continuing importance as places of mission, relationship, and presence within local communities. Governance, leadership, and partnership with schools remain a significant part of the deanery's shared life. Sadly, one of our church schools closed due to Falling roll. 2. A renewed focus on mission- Across the year, there has been a growing emphasis on outward-facing ministry-particularly among young people, on local est2tes, and through new expressions ofchurch. This signals a desire not simply to sustain existing structures, but to engage afresh with the communities we are called to serve. 3. Stewardship under pressure-and opportunity - Financial sustainability, buildings, and giving remain as significant challenges. Atthe same time. there is evidence ofcreativity. shared learnin& and a willingness to develop new approaches to stewardship and fundraising. 4. The distinctive role of the Cloudesley Charity- A distinctive feature of Islington Deanery is the support of Cloudesley, whose grants enable not only the maintenance of buildings but their development for mission and 17

community use. This relationship is strengthened through deanery representation among trustees and through the Deanery/Cloudesley link role, which provides ongoing connection, oversight, and support. Together. this reflects both provision and responsibility.. an opportunity to steward resources wisely for the sake of God's mission. A common liturgical refrain at synod is. where would we be without Cloudesley." 5. Collaboration and shared learning- A consistent pattern across synod meetings has been the use of discussion groups and shared conversation. This reflects a growing culture of collaboration, where parishes learn from one another and discern together best practice. This is not stealing or nicking from other churches butworking togetherl 6. Care for creation as mission- The inclusion ofinitiatives such as Rewild the Church highlights an increasing awareness of environmental stewardship as integral to Christian mission, particularly in engaging younger generations and responding to the wider ecological crisis. Working with farmers will be crucial to its success. Spiritual and Strategic Significance Taken together, these themes suggest a deanery that is being invited to hold together faithfulness and imagination. There is a call not only to sustain what we have inherited, but to reimagine how our churches, buildings, and resources serve God's mission in this place. The provision available through the Cloudesley Charity, alongside diocesan support, creates space for creativity and development. At the same time, it raises important questions about stewardship.. how we use these resources well, how we learn from one another, and whether there are opportunities for deeper collaboration across the deanery. The year also points to a growing integration of the spiritual and the practical. Conversations about finance, buildings, and governance are not separate from mission, but part of our response to God's call-rooted in prayer, expressed in service, and directed towards the flourishing of our communities. 18

Looking Ahead As we look to 2026, several priorities emerge.. Continuing to strengthen links with schools and local communities Developing and supporting Mission initiatives, particularly among young people and on estates Growing in confidence and skill around stewardship, giving and fundrnising Deepening collaboration and shared learning across parishes Responding faithfully to the call to care for creation Above all, there is an invitation to continue walking together as a deanery- sharing resources, wisdom, and encouragement-as we seek to follow Christ in this place. Christ Church Highbury is sltuated at 157 Highbury Grove, London N5 ISA. It IS part of the Stepney Area of the Diocese of London and within the Deanery of Islington of the Church of England. The correspondence address is Parish Office, 159 Highbury Grove, London N5 ISA. The PCC is a body corporate (PCC Powers Measure 1956, Church Representation Rules online 2025) and a registered charity with the Charity Commission (1135420). PCC members who have served at any time from Isr January 2025 until the date this report was approved are: Ex officio members Incumbent: The Revd. Andy Chrich (Chair) Assistant Curate: The Revd Andy Symmons (from luly 2025) Churchwardens: Teresa Dodgson; Dawn Bramble (till August 2025],. Gareth Dixon from 21/12/25 Co-opted members Hanna Sepulveda Elected members Sue Stevens Michelle Paton Tunje Faleye Karen Harvey Pat Woodward (Secretary) Alex Sargent (Treasurer) lohn Barrett Gareth Dixon Rosie Strachan Matthew Langsdon David Dudding 19

Deanery Synod elected members Adrian Arthur Jackie Mair Other positions not members of PCC Children and Youth Work Leader: Tamika Armstrong Licensed Lay Ministers.. Polly Arthur and lohn Gilbert Safeguarding Officer: Becky osborn Administrator[s): Baran Sommier and Adrian Grosu Music Director and Organist.. James Buckham Electoral Roll Secretary.. Ann Wilsdon Giving Secretary: Evelyn Thomas Approved by the Annual Meeting on 17 May 2026 and signed by the Reverend Andy Chrich (PCC Chair). Gareth Dixon, Teresa Dodgson Churchwardens on behalf of the PCC 20

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH HIGHBURY WITH ST.JOHN AND ST. SAVIOUR TRUSTEES ANNUAL REPORT Trustees Responsibilities The trustees (Members of the PCCI are responsible for preparing the Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice}. The law applicable to charities in England & Wales requires the trustee5 to prepare financial statements for each financial year which give a true and fair view of the state of affai￿ of the charity and of the incorning resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to.. Select suit3ble accounting policies and apply them consistently Observe the methods and principles In the Charlties SORP., Make judgernents and estimates that are reasonable and prudent Prepare financial statements on the going concern basis unless it is inappropriate to presLJme that the charity will continue in existence. St3te whether applicable accounting standards have been followed, subject to any material departures which must be dlsclosed and explained In the flnanclal statements The trustee5 are responsible for keeping proper accounting ￿CordS that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations and the provisions of Church Accounting Regulations 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Signed on behalf of the Trustees and PCC Metnbers by.. Reverend Andy Chrich PCC Chair Date 17 May2026 Note that there may be fflinor discrepancies in the totals throughout the following pages if the pence are not being shown. 21

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHIUST CHURCH HIGHBURY WITH ST.JOHN AND ST. SAVIOUR STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2025 Unrestricted Designated Endowment Restricted Funds Fund5 Funds Funds TOTAL 2025 TOTAL 2024 Note5 Income and endowments from: Donations and Legacies 2a 156,168 33,116 189,284 193,537 Charitable Activitles 2b 805 805 341 other Trading Income 2c 119,568 119,568 87,886 Investment Income 2d 4,168 2,696 6,864 4,859 other Income 2e 4,883 TOTAL 280,709 2,696 33,116 316.521 291.506 Expendlture on: Charitsble Activities 260,036 10,000 1,046 35,913 306,995 328,442 TOTAL 260,036 10,000 1,046 35,913 306.995 328.442 NET INCOME/(EXPENDThURE) BEFORE INVESTMENTS GAINSI(LOSSES) 20,673 {io,000) 1,650 {2,797) 9,526 (36,936) Gainslllossesl on investments 5b 11,2901 14,6171 15,907} 2,726 NET INCOME/(EXPENDITURE) 19.383 (10.000) (2.967) (2.797) 3.619 (34.210) Transfer between Funds 9,10 12,0821 4,778 12,6961 Net movement in funds 17.301 {5.222) (5.663) (2.797) 3.619 (34.210) Reconciliation of funds: Total Funds Brought Forward 59.344 32,350 1.137,822 51,524 1,281,040 1.315.249 Total Funds Carrled Forward 76,645 27,128 1,132,159 48,727 1.284.659 1,281.040 Movements on all reserves and all recognised gains and losses are shown above. All of the organisation's operations are classed as contlnulng. The notes on pages 24 to 35 form part of these financial statements. 22

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHIUST CHURCH HIGHBURY WITH ST.JOHN AND ST. SAVIOUR BALANCE SHEET AS AT 31ST DECEMBER 2025 Notes Unrestricted Designated Endowment Restricted 31-De¢-25 31-Dec-24 Funds Funds Funds Funds Total Total Fixed Assets Tangible assets Investment assets 5{al 51bl 1,038,787 91,826 1,038,787 117,476 1,039.833 123,383 25,650 Current Assets Debtors Cash at bank Total Current Assets 10,885 46,400 10,885 123,801 134 686 5,262 116.500 121 762 1,546 Creditors- amounts falling due within one year 6,291 6,291 3,938 NET CURRENT ASSETS 50,994 27,128 1,546 48,727 128,396 117,824 TOTAL ASSETS less current liabilities 76,645 27,128 1,132,159 48,727 1,284,659 1,281,040 NET ASSETS 76,645 27,128 1,132,159 48,727 1.284,659 1,281,040 Funds of the Charity General Unrestricted Fund5 Designated Funds Restricted Funds Endowtnent Fund 76,645 76,645 27,128 48,727 1,132,159 59,344 32,350 51,524 1,137,822 27,128 io li 48,727 1,132,159 Total Funds 76,645 27,128 1,132,159 48,727 1,284,659 1.281.040 Signed on behalf of the Trustees and PCC Metnbers by.. Reverend Andy Chrich PCC Chair Date 17FAay2026 23

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH HIGHBURY WITH ST.JOHN AND ST. SAVIOUR NOTES TO THE FENANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2025 I. ACCOUNTING POLICIES Basls of preparatlon: The aCCOLJnts are prepared under the historical cost convention, in accordance with the Church Accounting Regulations 2006 and Accounting and Reporting by Charitie5: Statement of Recommended Practice applicable to Charities preparing their accounts in accordance with FRS 102 (effective l January 20191- (Charities SORP IFFiS 10211 and the Charities Act 2011, with the exception of the valuation of freehold land and buildings, which are stated at fair value as at 1st January 2015 and investment assets, which are shown at market value. The financial statements include 811 transactions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of Church groups that owe their main affiliatlon to another body, nor those that are Informal gatherings of church members. The charity meets the definition of a public benefit entity. There are no material uncertainties about the charity's ability to continue in operation. No changes to accounting estimates have occurred in the reporting period No material prior year errors have been identified in the reporting period. Fund$ ￿F % ￿p￿e$ernt lal income which may be extended only on those restricted objects provided in the terms of the trust or the bequest, and Ibl donations or grants received for a specific object or invited by the PCC for a specific object. The funds may only be expended on the specific objert for which they were given. Any balance remaining unspent at the end of each year must be carried forward as a balance on that fund. The PCC does not usually invest separately for each fund. Unrestricted Funds are general funds which can be used for PCC ordinary purposes. are earmarked by the PCC for partlcular purposes but are nevertheless stlll unrest￿tted a5 the PCC can redesignate the fund5 if it wishe5. h ￿En n was estsblished in April 1986, following the sale of the church hall and cottage in leigh Road. The LDF was wm appointed Custodian Trustees of the Endowment and the PCC Managing Trustees. The initial value of the fund was E287,588 (sale price of £290,000 less legal fees). The capital of the fund is held in permanent endowment and cannot be spent, other than for the PLJrchase of property. However, the Income from the fund Is not simllarfy restricted and can be used for local mission of the church. Income from the Endowrnent fund Is therefore transferred into PCC General Fund each year. Dividend incorne from the various investments in the Endowment Fund is shown on the Statement of Financial Artivibes and Note 11. Endowment fund Investment assets are shown at rnarket value in the balan￿ sheet. Endowrnent fund fixed assets are shown at book value in the balance sheet. Income recognition Income is included in the Statement of Financial Activities ISOFAI when.. the charity becomes entitled to the income,. It is more likely than not that the twstees will receive the resources,. and the tnonetary value can be measured with sufficient reliability. Planned giving* collections and donations are recognised when received. Tax refund5 are recognised when the incoming resource to which they relate 3re received. Legacies are accounted for when the PCC is legally entitled to the 8mounts due and the amounts can be estimated with sufflclent accuracy. Grants are recognlseé on receipt, any unspent Income received for a speciflc purpose is shown within the relevant fund on the balance sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Dividends and bank interest are accoLJnted for when receivable. All other Income is recognised when it is receivable. All Incoming resources are accounted for gross. 24

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH HIGHBURY WITH ST.JOHN AND ST. SAVIOUR NOTES TO THE FINANCIAL STATEMENTS (continued} FOR THE YEAR ENDED 31ST DECEMBER 2025 Government grants The charlty has not received government grants durlng the ￿pOrtIng perlod. Donated Services and Facilities Donated service5 and facilitie5 are included in the SOFA when received at the value of the gift to the charity provided the value of the gift can be measured reliably. Volunteer Help The value of any voluntary help received Is not Sncluded in the accounts but is described In the Trustees Annual Report. Volunteers are used in all aspect5 of the activities of the church, including servingi readings, prayers, offertory and collertions, preparing and serving food and drink 8t church events, helping with providing hospitality to guests, assisting in the office and providing other supporting roles, Including bookkeeplng, accountlng and reportlng. Investment gains and losses All gains and losses are recognised in the Statement of Financial Activities as they arise. Realised gains and losses on investments are calculated as the difference between sales proceeds and their opening carrying value or their purchase value if acquired subsequent to the first day of the financi31 year. Unrealised gains and losses are calculated as the difference between the fair value 3t the year end and thelr carrylng value. Reallsed and unreallsed Investment galns and losses are combined in the Statement of Flnanclal Activities. Expenditure recognition Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the PCC to that expenditure, it is probable that Settlement will be required and the amount of the obligation can be measured reliably. All expenditure is accounted for on an accruals basis. All expenses including support costs and governance costs are allocated or apportioned to the applicable expendlture headlngs Grants and donatlons are accounted for when paid over, or when awarded, if that award creates a blndlng obllgatlon on the PCC. The diocesan quota or parish share is accounted for when due. Although there is no legal obligation to pay outstanding Common Fund, it Is the policy of the PCC to provide for unpaid amounts in these accounts. There were no such provisions at 31st December 2025 or 2024. All other expenditure is generally recognised when it is incurred and is accounted for gross. Costs of church activities include grants made, governance costs and support costs. Pensions During 2025, up to th￿e employees of the PCC weo enrolled in a defined contribution workplace pension scheme. Employer's pension contributions were £1,215 in 2025 12024.. £7411. Tax Status As a charity, the PCC is exempt from paying income and corporation tax. Debtors Trade and other debtors are recognised at the settlement amount after any tra£Je discount offered. Prepayments a￿ valued at the amount popaid net of any trade discounts due. Cash at bank and in hand Cash at bank and in hand include5 cash and 5hort-term highly liouid investment5 Wlth a short maturify of three months or less from the date of acquisition or opening of the deposit or similar account. Liabilities and provisions Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to P3y out ￿sourceS and the amount of the obligation can be measured with reasonable certainty. 25

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH HIGHBURY WITH ST.JOHN AND ST. SAVIOUR NOTES TO THE FINANCIAL STATEMENTS (continued} FOR THE YEAR ENDED 31ST DECEMBER 2025 Fixed assets All tangible fixed assets costing £1,000 or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably. Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its Intended working condltlon should be Included in the measurement of cost. At each reportlng date the charlty assesses whether there Is any Indication of impalrment. If such Indication exlsts, the recoverable amount of the asset 15 determined to be the higher of its fair value less cost5 to sell and its value in use. An impairment 105S IS recognised where the carrying amount exceeds the recoverable amount. Fixed assets are shown at book cost where the annual depreciation charye and accumulated depreciation are imrnaterial to the financial statements, due to the asset having a very long remaining useful life (i.e. 50 years or morel. Depreciation is calculated at a rate to write off the cost of tangible fixed assets on a straight line basis over their estimated useful lives. The rates applied per annum are as follows.. Hall furniture and fittings Church furniture, firtings and equipment Computer equipment IOOkn per annum IOO/o per annum 20Qkn per annum Investment assets Investments are initially recognised at thelr transactlon value and subsequently measured at fair value at the balance sheet date using rnarket prices. The Statement of Financial Activities includes net gains and losses arising on revaluations and disposals throughout the year. The PCC does not acquire put options, derivatives or other complex financial instruments. The main form of flnancial risk faced by the PCC Is that of volatllity in markets due to economlc condltlons, the attltude of Investors to Investment risk, and changes in sentiment. 26

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHIUST CHURCH HIGHBURY WITH ST.JOHN AND ST. SAVIOUR NOTES TO THE FINANCIAL STATEMENTS (continued} FOR THE YEAR ENDED 31ST DECEMBER 2025 2. INCOME FROM: Unrestricted Designated Endowment Restricted Funds Fund5 Funds Funds TOTAL 2025 TOTAL 2024 Note5 a) Donations and Legacies Donations and Appeals Grants 155,918 250 155,918 33,366 154.475 39,062 33,116 b) Charltable Actlvltles Parochial Fees (Banns, Weddings, Funerals) Playgroup Income.. Other Income 805 805 327 14 805 805 341 c) Other Trading Activities Room Hlre Fundraising Sale of Cards 111,021 8,547 111,021 8,547 84,613 2,640 633 119 568 119 568 d) Investments Dividends and Bank Interest 4,168 2,696 6,864 4,859 4,168 2.696 6.864 4.859 e) Other Income VAT Reclaim from LPOWS other Sundry Income 4,437 446 27

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHIUST CHURCH HIGHBURY WITH ST.JOHN AND ST. SAVIOUR NOTES TO THE FINANCIAL STATEMENTS (continued} FOR THE YEAR ENDED 31ST DECEMBER 2025 3. EXPENDITURE ON: Unrestricted Deslgnated Endowment ReSt￿Cted Funds Funds Funds Funds TOTAL 2025 TOTAL 2024 Notes a) Charitable Activities Ministry Costs Common Fund Contribution Curate Accommodation Vicar's Expenses incl Worship Resources & Books other Dlrect Costs Repairs and Maintenance (Church and Garden) Piano and Organ Tuning Upkeep of Eouipment and Sound System Seroice Upkeep and Flowers utilities Ichurchl Tnsurance Cleaners Wages Posters, Publlclty and Website Music Director and Freelance Musicians Salaries and Wages Adult Education and Training Children and Youth Work Conferences and Church Events Small Equipment Printing, Postage and St3tionery Incl. copier Telephone Costs Bank Charges Grants and Donations Grants and Donations ' ltsver accrual) Other Expenses Depreciation Governance Costs Independent Examiners Fees Legal and Professional Fees Trustees Meeting Costs Playgroup Other Costs (incl Recruitment and Training) 100,200 13,000 100,200 13,000 104,875 270 8,050 220 35,417 43,467 10,220 70,173 12,215 46 119 16,099 8,465 9,648 420 12,540 57,865 150 430 10,220 5,347 12,672 1,827 439 2,790 18,5171 5,410 1,046 10,000 80 15,802 8,658 6,300 347 15,461 61.890 108 1,491 2,501 1,330 12,809 1,554 363 80 15,802 8,658 6,300 347 15,461 61,890 108 1,987 2,501 1,330 12,809 1,554 363 13 496 5,940 5,940 1,046 1,046 1.380 1,594 959 1,380 1,594 959 1,320 1,897 631 13 45 TOTAL 260,036 10.000 1.046 35,913 306.995 328.442 * Note that 2024 shows a negative balance, due to an over accrual in 2022 and 2023 which was reversed in 2024. 28

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHIUST CHURCH HIGHBURY WITH ST.JOHN AND ST. SAVIOUR NOTES TO THE FINANCIAL STATEMENTS (continued} FOR THE YEAR ENDED 31ST DECEMBER 2025 4. DETAILS OF CERTAIN TYPES OF EXPENDITURE 2025 2024 Independent examiner's fees 1,380 1,320 S (a). TANGIBLE FIXED ASSETS Endowment Endowment fund fund Total Construction Cost5 Fixtures & Fitting5 Cost l-Jan-25 Additions Disposals Cost at 31-Dec-25 1,032,462 10,457 1,042,919 1 032 462 1,042 919 Depreciation l-lan-25 Charge Disposals Dep￿CiatIon 31-Dec-25 3,086 1,046 3,086 1,046 Net book value 31-Dee-25 Net book value 31-Dec-24 1,032,462 1,032,462 6,325 1.038.787 7,371 1,039,833 The assets shown above within the Endowment Fund represent the Christ Church Comrnunity Centre which was constructed in the course of 2021 and 2022. The PCC considers that the Community Centre will have a very long remaining useful life and in Ilne wlth the PCC accounting policy stated in Note I, will not be depreciated. Specific elements of the building that will need periodic replacement are depreciated as from 2022. The annual commitments under non-cancelling operating leases and capital commitments for the next financial year are as follows.. Photocopler leaslng Costs £820 per quarter. 29

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHIUST CHURCH HIGHBURY WITH ST.JOHN AND ST. SAVIOUR NOTES TO THE FINANCIAL STATEMENTS (continued} FOR THE YEAR ENDED 31ST DECEMBER 2025 5 (b). INVESTMENT ASSETS Endowment Unrestricted fund Igenerall fund TOTALS 31-De¢-25 COIF COIF 4752.45 1327.55 Income Units Income Units Market Value l-lan-25 Additions Disposals Transfers Net Gain/lLossl on Fievaluation Market Value 31-Dec-25 96,443 26,940 123,383 4,617 91,826 1,290 25,650 5,907 117,476 Llsted Investments All listed investments are carried at their fair value and represent holdings iri common investment funds. The basis of fair value is equivalent to market value. Asset sales and purchases are recognised at the date of trade at the transaction value. The main risk to the PCC frorn listed investments lies in the combination of uncertain investment rnarket5 volatility in yield. Liquidity risk is deemed to be low as all assets are traded in markets with good liquidity and high trading volumes. The PCC has no investment holdlngs in markets subject to exchange controls or trading restrictions. The PCC manages its investment rlsks by retaining expert advisors and operating an inve5trnent policy that provide5 for a high degree of diversification of holdings Wllthin investment asset classes that are quoted on recognised stock exchanges. The PCC does not make use of derivatives and similar complex financial Instruments. 6. DEBTORS AND PREPAYMENTS Unrestricted Designated Endowment Restricted Fund Fund Fund Fund Total Total 31-Dec-25 31-Dec-24 Listed Place of Worship Scheme Gift Aid Tax Recoverable other Debtors 2,484 5,263 3,138 2,484 5,263 3,138 5.262 5.262 7. CASH AT BANK AND IN HAND Unrestricted Designated Endowment Restricted Fund Fund Fund Fund Total Total 31-Dec-25 31-Dec-24 Cash at Bank 46,400 27,128 1,546 48,727 123,801 116,500 123 801 116.500 30

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH HIGHBURY WITH ST.JOHN AND ST. SAVIOUR NOTES TO THE FINANCIAL STATEMENTS (continued} FOR THE YEAR ENDED 31ST DECEMBER 2025 8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Unrestricted Designated Endowment Restricted Fund Fund Fund Fund Total Total 31-Dec-25 31-Dec-24 Independent Examiners Fees PAYEINI/Penslon Salaries and Wages Playgroup Payroll Costs Accruals 1,380 1,994 34 1,135 1,748 1,380 1,994 34 1,135 1,748 1,320 1,449 34 1,135 6,291 6.291 3.938 9. DESIGNATED FUNDS CURRENT YEAR Balance 01-lan-25 Galns and Losses Balance 31-Dec-25 Income Expenditure Transfers Piano/Organ Special Project5 Vicarage Renovation 5,222 24,128 3,000 iio,0001 4,778 24,128 3,000 32,350 {io,000 4.778 27.128 PREVIOUS YEAR Balance 01-lan-24 Galns and Losses Balance 31-Dec-24 Income Expenditure Transfers Piano/Organ Special Project5 Vicarage Renovation Ukraine Fund 5,222 24,128 3,000 2,205 5.222 24, 128 3,000 12,7051 500 500 The Pianolorgan Fund was Set up to fund renovation of the grand piano in the church and the longer term aim of raising significant sums needed to restore the organ. The Special Projects Fund was set up to help finance capital projects. The Vi¢ara9e Renovation Fund was set up for the renovation/redecoration of the interior of the vicarage. The designated funds are wholly represented by cash reserves of the charify as detailed below.. 31-Dec-25 31-Dec-24 Cash at bank and in hand 27,128 27.128 32,350 32.350 31

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH HIGHBURY WITH ST.JOHN AND ST. SAVIOUR NOTES TO THE FINANCIAL STATEMENTS (continued} FOR THE YEAR ENDED 31ST DECEMBER 2025 10. RESTRICTED FUNDS CURRENT YEAR Balance 01-Jan-25 Gain5 and Losses alance 31-Dec-25 Income Expenditure Transfers Cloudesley Fund Highbury Heritage Sparkfund 44,678 6,846 32,616 135,4171 41,877 6,846 500 14961 48.727 PREVIOUS YEAR Balance 01-lan-24 Gains and Losses Balance 31-Dec-24 Income Expenditure Transfers Cloudesley Fund Highbury Heritage Playgroup 58,598 5,839 423 39,062 1,044 14 152,9821 1371 1451 44,678 6,846 1392} 392 The restricted funds represents donations made for specific purposes monitored by the PCC to ensure that only relevant expenditure is charged against the fund. The Cloudesley Fund ￿preSentS grants received from Cloude51ey for specific expenditure ￿lating to maintaining the church building. The Highbury Heritage Fund represents grants received from Heritage Lottery Fund for the Spire Repairs pmject. The Playgroup Fund represents the Christ Church Playgroup, which was managed by a sub-committee of the PCC. The Playgroup was closed during 2023. All bank accounts were closed in September 2024 and the balances transferred to the Church account. The restriction was lifted upon closure of the Playgroup, allowing the funds to be transferred to general unrestricted funds. The Spark Fund supports youth led community Christian projects. It enable5 churches and schoo15 to develop init12tive5 that are relevant and appealing to young people aged 11-L8. In our case, the Spark Fund helped us run a collaborative youth outreach Christmas event with another church. The funding was used to provide hot chocolate and refreshments to kid5 and drive interest in the youth activities we run and the church. The Playgroup funds transferred to general funds in 2024 were as follows.. Balances held in bank a£count5 Creditors payable 1,527 392 The restrirted funds are wholly represented by cash reserves, current liabilities and marketable securities of the charity as detailed below: 31-Dec-25 31-Dec-24 Cash at bank and in hand Current assets 48,727 51,524 48,727 51.524 32

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHIUST CHURCH HIGHBURY WITH ST.JOHN AND ST. SAVIOUR NOTES TO THE FINANCIAL STATEMENTS (continued} FOR THE YEAR ENDED 31ST DECEMBER 2025 11. ENDOWMENT FUNDS CURRENT YEAR Balance 01-Jan-25 Gains and Losses Balance 31-Oec-25 Income Expenditure Transfers Christ Church Endowment Fund 1,135,691 14,6171 2,696 11,0461 12,696} 1,130,028 1 135 691 1 130.028 PREVIOUS YEAR Balance 01-Jan-24 Gains and Losses alance 31-Dec-24 Income E¥penditure Transfers Christ Church Endowment Fund 1,136,737 2,635 11,0461 12,635} 1,135,691 1,136,737 2.635 1.046) {2.635) 1.135,691 The Christ Church Endowment Fund was established in April 1986, following the sale of the church hall and cottage in leigh Road. The LDF was appointed Custodian Trustees of the Endowment and the PCC Managing Trustees. The initial value of the fund was £287,588. The capital of the fund is held in permanent endowment and cannot be spent, other than for the purchase of property. However, the Income from the fLJnd is not similaA y restricted and can be used for local mission of the church. Income from the Endowment fLJnd is therefore transferred Snto PCC General Fund each year. In 2025 Income of £2,696 was transferred to general fund 12024.. £2,635) The endowment funds are wholly represented by cash reserve5, fixed assets and investments a5 detailed below.. 31-Dec-25 31-Dec-24 Tangible Flxed Assets Investment Assets 1,038,787 91,826 1,546 1,039,833 94,312 1,546 Cash at Bank and In Hand Current ￿abilItieS 1 132 159 1 135 691 12. RECONCILIATION OF FUNDS HELD AND MOVEMENT OF FUNDS CURRENT PERIOD Balance 01-Jan-25 Balance 31-Dec-25 Income GalnlLoss Expendlture Transfers General Funds Designated Funds Endowment Funds Restricted Funds 59,343 32,350 1,137,822 51,524 280,709 11,2901 1260,0361 iio,0001 11,0461 135,9131 12,0821 4,778 12,6961 76,643 27,128 1,132,159 48,727 2,696 33,116 14,6171 1 281 040 316 521 306 995 1 284.657 33

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHIUST CHURCH HIGHBURY WITH ST.JOHN AND ST. SAVIOUR NOTES TO THE FINANCIAL STATEMENTS (continued} FOR THE YEAR ENDED 31ST DECEMBER 2025 12. RECONCILIATION OF FUNDS HELD AND MOVEMENT OF FUNDS (Continued) PREVIOUS PERIOD Balance 01-Jan-24 Balance 31-Dec-24 Income Gain/Loss Expenditure Transfers General Funds Designated Funds Endowment Funds Restricted Funds 79.096 34,555 1,136,737 64,860 248,751 595 1271,6261 12,7051 11,0461 153,0641 2,527 500 12,6351 13921 59,343 32,350 1,137,822 51,524 2,635 40,120 2,131 1 315 248 291 506 328 442 1 281.040 13. STAFF COSTS, PAYMENTS TO TRUSTEES AND KEY MANAGEMENT PERSONNEL (a) Employees paid via Payroll: 31-Dec-25 31-Dec-24 pcc Gross Wages and Salaries Employers NI Employers Allowance Claimed Employers Pension Contributions 60,675 6,278 16,2781 57,124 3,979 {3,9791 741 staff who were engaged in each of the following activities laverage numbers).. 31-De¢-25 31-Dec-24 TOTAL TOTAL 3.25 Activities in furtherance of charity's objects Employed staff are paid via through a payroll scheme operated by the PCC. No employees received emoluments in excess of £60,000 12024.. None). The charlty paid three self employed personnel for provlding music services vSa a servlce contract. These personnel Involce the charity for their professional services and are responsible for their own reporting of Tax and NI to HMRC. The total atnounts paid under music service contracts during the year was £15,461 12024.. £12,540). The charity paid Self employed cleaning personnel a total of £6,300 for cleaning services rendered. These paytnents were made in accordance with an agreed cleaning rota and/or upon receipt of an invoice 12024.. £9,647}. From October 2025 the charity employed cleaning personnel via the PAYE scheme. (b) Key Mana9ement Personnel The charity's key management personnel is considered to be the Trustees and 'Other Positions not members of the PCC referred to in the Trustees Report. No remuneration was paid to Key Management Personnel in 2025 or 2024. 34

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHIUST CHURCH HIGHBURY WITH ST.JOHN AND ST. SAVIOUR NOTES TO THE FINANCIAL STATEMENTS (continued} FOR THE YEAR ENDED 31ST DECEMBER 2025 13. STAFF COSTS, PAYMENTS TO TRUSTEES AND KEY MANAGEMENT PERSONNEL (continued) (c) Transactions with PCC members and Trustees No PCC member5 or Trustees received remneration. Expense5 were paid to one Trustee as follows.. Detail Total Total 31-Dec-25 31-Dec-24 Mobile Phone IIOOQh Church Usel zoom Software IIOOWD Church Usel Broadband IIOO% Church Usel 144 237 509 890 91 140 400 631 The only other payments made to PCC members or any persons connected with them were reimbursements for purchases of equipment, fumishlngs, refreshments and materlals made on behalf of the Church. No materlal transactlon took place between the charity and a PCC Member or any person connected with them 12024- None). The aggregate arnount of donations given by Trustees and PCC Members during 2025 was £5,000 12024: £4,731). There were no conditions attached to these donations. 13. STAFF COSTS. PAYMENTS TO TRUSTEES AND KEY MANAGEMENT PERSONNEL (continued) (d) Transactions with Related Parties Name of Related Party Detail Total Total 31-Dec-25 31-De¢-24 B Fesharaki {spouse of Trustee W Sommier} Gross Salary as Parish Administrator Employer Pension Paid 17,640 208 W Sommier resigned as a Trustee in November 2024. There were no other transactions with related parties that require disclosure. 14. MATERIAL LEGACIES The PCC is unaware of any material legacies attributable to the charity. IS. RESERVES POLICY AND RISK ASSESSMENT Reserve5 are unrestricted fund5 which the PCC has set aside for the future. The purpose of holding reserve5 IS SO that the PCC is able to continue to meet its financial obligations in a situation where Ljnforeseen shortfalls arise, until alternative plans can be put in place. The PCC has identified the key risks and assessed the amounts prudent lo set against those risks. The Reserves policy Is set out in the Trustees Annual Report. 16. PUBLIC BENEFIT The PCC acknowledges its requirement to demonstrate clearly that it must have charitable purposes or'aim5' that are for the public benefit. Details of how this has been 3chieved this are provided in the Trustees Annual Report. The PCC Members confirm that they have paid due regard to the Charify Commission guidance on public benefit before deciding what activities the charity should undertake. 17. EVENTS AFTER THE END OF THE REPORTING PERIOD There are no events that reouire disclosure. 35

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHIUST CHURCH HIGHBURY WITH ST.JOHN AND ST. SAVIOUR CASH FLOW STATEMENT FOR THE YEAR ENDED 31ST DECEMBER 2025 2025 2024 Cash used in operating activities (al {43,235) Cash used from investing activities Di5posal/lPurchasel of tangible fixed assets Proceeds fmm s31elclosure of investments Dlvldends from Investments 17531 724 Cash provlded by (used In) investin9 activities 753 724 Cash flows from flnanclng artlvltles IntrodurtionllRep3ymentl of long term borrowing Cash used in financing activities Tncreaselldecreasel in cash and cash equivalents in the year 7,301 142,5111 Cash and cash equivalent5 at the start of the year 116,500 159,010 TOTAL cash and cash equivalents at the end of the year Ibl 123 801 116.500 (a) Reconciliation of net movement in funds to net cash flow from operating activities 2025 2024 Net movement in funds Add back depreciation charge Add back dividends from investments Capital Igainl/loss on investments Decreasellincreasel in debtors Increase/ldecreasel in creditors 3,619 1,046 753 5,907 15,6231 2,353 {34,2101 1,046 {7241 {2,7261 6,151 {12,7721 Net cash used in operating activities 8,054 (43.235) (b) Analysis of cash and cash equivalents 2025 2024 Cash at bank and in hand 123,801 116,500 Total cash and cash equlvalents 123 801 116 500 36

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHIUST CHURCH HIGHBURY WITH ST.JOHN AND ST. SAVIOUR RELATED CHARITIES: THE ST. JOHN'S MISSION HALL TRUSTS- REGISTERED CHARITY NO. 280116 St. John's Mission Hall, situated in Conewood Street in the parish of St. John's, was left in trust by two spinster sisters, the Misses Quick. A trust deed was drawn up on 17 May 1934, appointing four named individuals William Rampley, Charles Barber, ArthLJr Downton and Joseph Johnson as Trustees. The trust deed declared that any building or buildings erected on the site should be held upon trust to permit the same to be used in perpetuity for the usual purposes of a mission hall or parish roorn, for the furtherance of any religious, educational or social work carried on in connection with the church of St. john, HighbLJry Vale or In connection with the spiritual organisabon of the said parish of St. John. The property was to be managed by the Vieèr and Churchwardens of St. John's. The trust deed contained an express power of sale, with any money arising from such Sale being applied towards the purchase or acquisition of any other premises or the improvement of any premises used or intended to be used for the purposes of the trusts thereby conststuted. Some further land in Conewood Street. which now forms part of the site of St. John's Highbury Vale C of E Primary School, was also left in trust. This land Is the subject of a Declaration of Trust dated 4th December 1945 made by C. N. Daintree, J.W. Herbert, E. W. Cooper and A. F. Jarvis, in which it wa5 declared that the Trustees li.e. those narned above) would stand possessed of the land to be used as a playground in connection with St. John's Highbury Vale School situate in Conewood Street and the church of St. John, Highbury Vale and In furtherance of any charitable purpose In connectlon wllh the sald school and church. The declarallon of trust further provides that in the event of St. John'5 School being closed or taken over by any public or local authority and all connection between the school and the church ceasing, the Trustees have the power to use or allow the land to be used for the purposes of St. John's Highbury Vale church or in any other way within the trusts declared. st. John's Church was made redundant in 1978 and the parish Incorporated into the parish of Christ Church. By this time, most or all of the original Trustees both of the Mission Hall Trust and of the Playground Trust had died and an application was made to the Charity Comrnission by the then Vicar and Churchwardens of Christ Church to appoint new Trustees. In 1979, four new Trustees were appointed - Winnie Cooper, John Dove, Richard Edmunds and Tom Peryer. They were appointed Trustees of both the Mission Hall and the Playground Trusts. The management of the hall passed to the Vicar and Churehwardens of Christ Church. In the eady 1980$, the PCC of Christ Church decided to sell St. John's Mission Hall and it was duly sold to an evèngelieal church. The proceeds of the sale were split between Christ Church and St. Thomas's, Finsbury Park, as directed by the Charity Commission Scheme 280116 A/1. It is assumed that Christ Church's share of the proceeds was put towards the renovation of Christ Church and the extensive alterations which were carried out in the 1980$, in accordance with the terms of the trust. At some point, the St. lohn's Misslon Hall Trust was reglstered as a charity and given the cha￿tY number 280116. In 2005, the PCC applied to the Charity Comtlli55ion for permission to appoint the Parochial Church Council of Christ Church Highbury as Trustee of the charity, replacing the four named Trustees appointed in 1979. This permission was granted and a sealed order made appointing the Parochial Church Council of Christ Church Highbury as Trustee of the St. John's Mission Hall Charlty dated 17th October 2005. Since the hall had long been 501d, the only remaining asset of the charity 15 the covenant held over the land now constituting part of the playground of St. John's Highbury Vale C of E Primary School. As long as the school remains in operation and the connection between the school and church maintained, this "asset" has no realisable value. The charity has no function, other than to hold the Trusteeship over thi5 land, and has no income or expenditure. The land comprise5 three plots and is registered with title deed numbers 420386, 104158 and LN50858 at HM Land Registry. 37

INDEPENDENT EXAMINER'S REPORT ON THE ACCOUNTS

I report on the accounts of the Parochial Church Council of The Ecclesiastical Parish of Christ Church Highbury, with St John and St Saviour for the year ended 31st December 2025, which are set out on pages 22 to 37.

Respective responsibilities of the PCC and the examiner

The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.

It is my responsibility to:

Basis of independent examiner's statement

My examination was carried out in accordance with the General Directions given by the Charity Commission and to be found in the Church Guidance, 2006 edition, issued from the Finance Division of the Archbishops' Council. That examination includes a review of the accounting records kept by the PCC and a comparison of the accounts with those records. It also includes considering any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.

Independent examiner's statement

Since the gross income for the year exceeds the amount provided in Section 145(3) of the Charities Act, I confirm that I am qualified to act as Independent Examiner under the provisions of that section of the Act and that my qualification is as shown below.

In connection with my examination, no matter has come to my attention:

have not been met; or

Signed:

Print name: G.W.Schulz FCMA

Date: 02-Jun-26

Relevant professional qualification or body: Chartered Institute of Management Accountants

Address: Independent Examiners Limited, The Grain Store, Hills Barns, Appledram Lane South, Chichester, PO20 7EG

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